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Tata Investment Corporation standalone net profit rises 100.00% in the March 2022 quarter

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Capital Market

Sales rise 86.86% to Rs 46.21 crore

Net profit of Tata Investment Corporation rose 100.00% to Rs 33.02 crore in the quarter ended March 2022 as against Rs 16.51 crore during the previous quarter ended March 2021. Sales rose 86.86% to Rs 46.21 crore in the quarter ended March 2022 as against Rs 24.73 crore during the previous quarter ended March 2021.

For the full year,net profit rose 85.02% to Rs 201.36 crore in the year ended March 2022 as against Rs 108.83 crore during the previous year ended March 2021. Sales rose 80.91% to Rs 253.38 crore in the year ended March 2022 as against Rs 140.06 crore during the previous year ended March 2021.

 
ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales46.2124.73 87 253.38140.06 81 OPM %87.4182.41 -90.3686.27 - PBDT40.4220.36 99 229.00120.84 90 PBT40.1720.15 99 228.09120.01 90 NP33.0216.51 100 201.36108.83 85

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First Published: Apr 26 2022 | 8:04 AM IST

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